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Jul 26, 2011
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bill: a big deal, really big deal. by law the white house cannot be used for political functions and that was shot at the map room of the white house and byron york is a chief political analyst with the washington examiner and a fox news contributor. why is darrell issa pursuing this? >> it is unlikely that he will get very far with this. it started with a cheesy little enterprise, the president raffling off a dinner with himself and said, we'll have joe, too. and people said gee, that is the white house and you cannot raise money in the white house, but, previous administrations have used the white house as back drops for political ads, and it is seems more likely what darrell issa is doing here is he is not trying to nail the administration to some big crime but he's saying we're watching, and if you continue to do this and make bigger use of the white house in the 2012 campaign, we will be watching. bill: i see but you think it is a stretch for him to prove anything in this circumstance, you don't feel he has the go
bill: a big deal, really big deal. by law the white house cannot be used for political functions and that was shot at the map room of the white house and byron york is a chief political analyst with the washington examiner and a fox news contributor. why is darrell issa pursuing this? >> it is unlikely that he will get very far with this. it started with a cheesy little enterprise, the president raffling off a dinner with himself and said, we'll have joe, too. and people said gee, that is...
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Jul 26, 2011
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the president started his address pushing for a big deal, a big plan. he blamed a significant number of republicans in congress for insisting on a cuts-only approach to the debt ceiling increase. the president talked again as he has about about millionaires and billionaires not paying their fair share he quoted president reagan. president obama says short term debt ceiling extension would lead to another standoff in six months. saying that is no way to run the u.s. government. he called on leaders from both parties to negotiate and called on the american people to call their lawmakers to tell them to make a deal to come to a compromise. to avoid default in what he called a financial problem for the united states, a big problem. while we wait for the republican response from house speaker john boehner, let's go to chief white house correspondent ed henry. >> reporter: the contrast was striking. the president flat out saying the other guys are part of a three-ring circus i'm about common ground, balance, compromise. that's because as we noted before he is
the president started his address pushing for a big deal, a big plan. he blamed a significant number of republicans in congress for insisting on a cuts-only approach to the debt ceiling increase. the president talked again as he has about about millionaires and billionaires not paying their fair share he quoted president reagan. president obama says short term debt ceiling extension would lead to another standoff in six months. saying that is no way to run the u.s. government. he called on...
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Jul 26, 2011
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the president started his address pushing for a big deal, a big plan. he blamed a significant number of republicans in congress for insisting on a cuts-only approach to the debt ceiling increase. the president talked again as he has about about millionaires and billionaires not paying their fair share he quoted president reagan. president obama says short term debt ceiling extension would lead to another standoff in six months. saying that is no way to run the u.s. government. he called on leaders from both parties to negotiate and called on the american people to call their lawmakers to tell them to make a deal to come to a compromise. to avoid default in what he called a financial problem for the united states, a big problem. while we wait for the republican response from house speaker john boehner, let's go to chief white house correspondent ed henry. >> reporter: the contrast was striking. the president flat out saying the other guys are part of a three-ring circus i'm about common ground, balance, compromise. that's because as we noted before he is
the president started his address pushing for a big deal, a big plan. he blamed a significant number of republicans in congress for insisting on a cuts-only approach to the debt ceiling increase. the president talked again as he has about about millionaires and billionaires not paying their fair share he quoted president reagan. president obama says short term debt ceiling extension would lead to another standoff in six months. saying that is no way to run the u.s. government. he called on...
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Jul 26, 2011
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the big unresolved issue is revenue. pretty much any neutral observer says the only way to get significant debt reduction is through tax reform to make sure the wealthiest americans through elimination of deductions and loopholes participate. in the short term in the next book we are not going to do entitlement or tax reform. the question is, either of them would reduce spending significantly. good down payment on the deficit. are we going to have this debt ceiling hanging over us five, six months from now? >> greta: let me ask you about the tax code reform. the simpson-bowles commission said 3300 tax hoop locals, earmarks in the tax code -- loopholes earmarks in the tax code. it didn't get passed over to congress. the president could have adopted that. why didn't the president seize upon that and said let's get rid of those 3300? ' adopted a lot of simpson-bowles commission in the budget framework he laid out in the spring. a lot of the negotiations that took place with the speaker. the president and speaker were agreei
the big unresolved issue is revenue. pretty much any neutral observer says the only way to get significant debt reduction is through tax reform to make sure the wealthiest americans through elimination of deductions and loopholes participate. in the short term in the next book we are not going to do entitlement or tax reform. the question is, either of them would reduce spending significantly. good down payment on the deficit. are we going to have this debt ceiling hanging over us five, six...
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Jul 26, 2011
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the big unresolved issue is revenue. pretty much any neutral observer says the only way to get significant debt reduction is through tax reform to make sure the wealthiest americans through elimination of deductions and loopholes participate. in the short term in the next book we are not going to do entitlement or tax reform. the question is, either of them would reduce spending significantly. good down payment on the deficit. are we going to have this debt ceiling hanging over us five, six months from now? >> greta: let me ask you about the tax code reform. the simpson-bowles commission said 3300 tax hoop locals, earmarks in the tax code -- loopholes earmarks in the tax code. it didn't get passed over to congress. the president could have adopted that. why didn't the president seize upon that and said let's get rid of those 3300? ' adopted a lot of simpson-bowles commission in the budget framework he laid out in the spring. a lot of the negotiations that took place with the speaker. the president and speaker were agreei
the big unresolved issue is revenue. pretty much any neutral observer says the only way to get significant debt reduction is through tax reform to make sure the wealthiest americans through elimination of deductions and loopholes participate. in the short term in the next book we are not going to do entitlement or tax reform. the question is, either of them would reduce spending significantly. good down payment on the deficit. are we going to have this debt ceiling hanging over us five, six...
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Jul 26, 2011
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i've heard spending cuts aren't a big deal, raise that debt ceiling so they don't hit the roof. and all of those notes and bonds that a lot of you hold and thinking to myself. we're afraid of these guys having a hissy fit? is that a way to conduct policy, gauging market reaction to it. don't get me wrong, i love this capital stm and remember, back in the fall of 2008. wall street melted down nearly melted down after congress initially rejected then president bush's first tarp request? you knnknow why they did that? it was a bailout for bankers and brokers, lets hat not read too much in the selective tantrums and to rescue who these guys think are fairs, namely their interests and not necessarily the country's interest. that's not to stay that wall street isn't and shouldn't be worried about our long-term future, it should. let's just say it spends a lot more time focused on its short-term future. there is a difference and we'd be wise to remember it and wall street, you would be wise to appreciate it because this isn't about momentarily protecting your assets and their price. th
i've heard spending cuts aren't a big deal, raise that debt ceiling so they don't hit the roof. and all of those notes and bonds that a lot of you hold and thinking to myself. we're afraid of these guys having a hissy fit? is that a way to conduct policy, gauging market reaction to it. don't get me wrong, i love this capital stm and remember, back in the fall of 2008. wall street melted down nearly melted down after congress initially rejected then president bush's first tarp request? you...
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Jul 26, 2011
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we need to do big things and needed to have done big things. the fact the president won't agree with bigger things, maybe some blame is on us as republicans for not being flexible enough. but the fact is that the country needs to do these things. since we're not going to get a big thing done, the thing to do is do a small thing and try to get the country behind doing the big thing. >> the gang of six. do you have any agreement that was something that republicans could live with and do you think democrat woz have lived witness as well? >> i think some. my distaste is that it's better than nothing. it's far better than anything we've got there now. it's -- it in fact recognizes the we have to reform the tax code. there are some revenue increases in it. but the biggest problem why we're having trouble is because we zront a big friendly climate in this country that would stimulate all new jobs, last owe years have come from new business. new businesses have created and we're stifling that in terms of what we've done to credit market and regulations
we need to do big things and needed to have done big things. the fact the president won't agree with bigger things, maybe some blame is on us as republicans for not being flexible enough. but the fact is that the country needs to do these things. since we're not going to get a big thing done, the thing to do is do a small thing and try to get the country behind doing the big thing. >> the gang of six. do you have any agreement that was something that republicans could live with and do you...
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Jul 26, 2011
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that's the big kahuna. that's the big kahuna. this is above the fold, banner headline, throw it up there again. the reporter had nothing to do with this. this was we sit down. we decide. wait, alicia, i want everybody to know how this works. the editors of the "new york times" sit down. they have decide what their lead story is going to be and what their above the fold headline is going to be. then they put it there. the reporter has nothing to do with it, okay? this was an intentional, without a doubt, intentional brand of a mass murderer as a christian. it is appalling. this is a serious situation, ladies. this isn't mistake or sloppiness or laziness. this is appalling. go ahead. alicia? >> i think that we can agree that it's appalling but we can also agree that there is another narrative going on here which is that this man was clearly very radical in his beliefs. this is not him just r rmly opening fire. >> bill: that's a political situation, which is different. >> my point bill is that that to me is the greater crime here. t
that's the big kahuna. that's the big kahuna. this is above the fold, banner headline, throw it up there again. the reporter had nothing to do with this. this was we sit down. we decide. wait, alicia, i want everybody to know how this works. the editors of the "new york times" sit down. they have decide what their lead story is going to be and what their above the fold headline is going to be. then they put it there. the reporter has nothing to do with it, okay? this was an...
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Jul 26, 2011
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there was a big thing in central park, a big blowup with the characters. >> it's smurfs week in new york. >> for those who don't this big. >> its not there. >> what are you looking at? >> there's a few processes to rehearsing to get to filming, but you work with a little gelatinous smurf. eventually they take it away and wiewr working with stickers. it's tricky. >> what's harder, working with the smurfs or doogie houser? >> he was a dream to work with. i was a big fan of his. when i got the script, i knew he was attached to the script. i was excited to work with him. >> he's been here a couple of times, he's a nice guy. >> yes, he is. >> we'll catch you on the smurfs. it opens this weekend. >> thanks for being here. >> thanks for having me. >> meanwhile, straight ahead, what's missing from this picture? did the president just get ditched? a former economic advisor to president bush on why the white house got kicked out of the debt debate. >>> your mcdonald's happy meals are about to be replaced with a healthy meal. you can thank the fat police for that. how will that change and when? on
there was a big thing in central park, a big blowup with the characters. >> it's smurfs week in new york. >> for those who don't this big. >> its not there. >> what are you looking at? >> there's a few processes to rehearsing to get to filming, but you work with a little gelatinous smurf. eventually they take it away and wiewr working with stickers. it's tricky. >> what's harder, working with the smurfs or doogie houser? >> he was a dream to work with....
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Jul 26, 2011
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jon: a fox business alert for you now and some big reeds on the -- big reads on the economy today. two of those on the housing market. new home sales falling 1% last month hitting record lows in parts of the northeast and the west. but there's one bright spot. home prizes rose for a second straight month in may helped by spring buying. prices rose in 16 of the 20 cities surveyed. meantime, consumer confidence slightly herer in july, up to 59.5 from june's 57.6 but still well below 90, and that's what it takes to indicate a healthy economy. so far the markets seem more focused on company earnings than the debt crisis. the dow down slightly right now, about 55 points, but eventually the markets will react to the lack of a debt deal. fox business network's rich edson live from washington with more on that. rich? >> reporter: well, jon, it stands on two different proposals right now, one pushed by republicans, the second -- naturally -- pushed by democrats. first off, to the senate plan, something offered by senate majority leader harry reid. cuts $2.7 trillion over ten years and then
jon: a fox business alert for you now and some big reeds on the -- big reads on the economy today. two of those on the housing market. new home sales falling 1% last month hitting record lows in parts of the northeast and the west. but there's one bright spot. home prizes rose for a second straight month in may helped by spring buying. prices rose in 16 of the 20 cities surveyed. meantime, consumer confidence slightly herer in july, up to 59.5 from june's 57.6 but still well below 90, and...